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Keyword: smallbusiness

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  • Small Businesses Worry About Adjusting for Overtime Rules

    05/20/2016 11:47:20 AM PDT · by reaganaut1 · 9 replies
    New York Times ^ | May 18, 2016 | SARAH MAX
    With a broad new class of workers becoming eligible for overtime, many small businesses are scrambling to figure out how to factor the regulations into their bottom line. The Obama administration on Wednesday announced the final details of new labor rules to increase the salary cutoff for overtime pay. Although the plan was outlined a year ago and employers have several months to comply, many say the change will be a challenge to small businesses that pride themselves on a scrappy, entrepreneurial culture. “We are pretty flexible,” said Kelli Glasser, who is president and chief executive of Exhibit Concepts, a...
  • Is there going to be any Republican response to Obama's stupid overtime rules?

    05/18/2016 2:48:09 PM PDT · by SoFloFreeper · 39 replies
    5/18/16 | sff
    So I wake up today hearing this HORSE CRAP rule regarding overtime....a move that is SO BEYOND the scope of a federal government it makes me want to scream. I have been largely absent from news today--is there ANY response on this at all?! I know Valerie told her little man to make this effective AFTER the election....but certainly this overreach can be fought in other ways. Any hope at all out there?
  • The Trump Campaign Shows Its Policy Chops (Jobs)

    05/05/2016 5:39:42 PM PDT · by jazusamo · 9 replies
    Creators Syndicate ^ | May 4, 2016 | Betsy McCaughey
    The rap on Donald Trump is he's all bluster. The New York Times says he's offering "incoherent mishmash." GOP rival Ted Cruz claims Trump has "no idea" how to fix the economy. Don't' believe it. The Trump campaign is putting forward proposals to fix problems facing the nation, from the long waits for medical care at the VA to the impending collapse of Obamacare. Check out Trump's economic plan, for starters. Unlike Hillary Clinton's radical anti-business agenda, Trump's plan would actually help unemployed Americans get back to work. Trump slashes the corporate tax rate to 15 percent, down from the...
  • Latinos Want Economic Leadership, Not Isolationism

    04/13/2016 12:34:02 PM PDT · by Kaslin · 15 replies ^ | April 13, 2016 | Hector Barreto
    If a fierce political campaign can be likened to war, then the war we are watching played out in both the Republican and Democratic presidential primaries proves the ancient saying, “In war, truth is the first casualty.” The leading candidates for the presidential nominations of their parties – the Republican's Donald Trump and Democrat's Hillary Clinton – have taken great liberty with the truth, or have badly missed the point, on issues important to Latino voters. With more than 66,000 Latinos turning 18 each month, it’s critically important that presidential candidates recognize that Hispanics, and particularly the Hispanic community’s business...
  • VANITY--Advice on Starting a Small Business in (GULP) NYS

    03/07/2016 5:59:43 AM PST · by AbolishCSEU · 52 replies
    Hubs is thinking of starting an solo HVAC business in upstate NY. Advice?
  • Lawmaker to Senate: REIN in government regulations, pass REINS Act (WI)

    03/04/2016 6:47:13 AM PST · by afraidfortherepublic · 3 replies
    Wisconsin Watchdog ^ | 3-4-16 | M. D. Kittle
    MADISON, Wis. - Less than two weeks before the Senate holds its final floor day of the shortened late-winter session, the battle is heating up - among conservatives - over a bill aimed at holding government bureaucrats accountable. Whether the Regulations from the Executive in Need of Scrutiny (REINS) Act gets to the Senate floor remains uncertain at this point. On Thursday, State. Sen. Frank Lasee, R-De Pere, issued a statement calling for Senate leadership to bring the proposal he cosponsored up for a full vote on the Senate’s final session day, on March 15. The bill would require any...
  • Looking for Freeper input on small business start-up (Vanity)

    02/22/2016 9:32:52 AM PST · by Alberta's Child · 101 replies
    Self | 2/22/16 | Alberta's Child
    I am looking to make a transition in my career this year, and I am starting the process of setting up my own consulting business in my industry. I've got a reputation and track record that my clients seem to value, and I'm looking to break free of the constraints of my corporate role. I will be working with a lawyer and a CPA once I get a little further down the road here (probably when I am ready to get an EIN#), but in the meantime I'd be interested in getting input from other Freepers who may have followed...
  • Ted Cruz and the South Carolina dentists

    02/16/2016 10:01:01 PM PST · by Cincinatus' Wife · 38 replies
    Washington Examiner ^ | February 16, 2016 | John Delacourt and Asheesh Agarwal
    What can a case about ensuring healthy teeth for school kids tell us about the kind of president Ted Cruz might be? Quite a bit, as it turns out. Long before he was a U.S. senator or a presidential candidate, Cruz was a senior official at the Federal Trade Commission. His brief but eventful tenure provides interesting insights into how he might govern. One particular episode - which, as fate would have it, took place in South Carolina - is especially revealing. In 2003, as part of an initiative launched by a Cruz-led Task Force, the FTC filed suit against...
  • After 9/11, Trump Took Money Marked for Small Businesses

    02/16/2016 4:23:57 AM PST · by Entrepreneur · 47 replies
    The Weekly Standard ^ | 2/15/16 | Michael Warren
    Here's the story. Not long after 9/11, the World Trade Center Business Recovery Grant program was established to help small businesses recover and rebuild. The program disbursed hundreds of millions of dollars through a New York state development corporation in the years following the attacks... ...the New York Daily News ran an investigative piece about how the program had awarded grants to companies and subsidiaries that hardly seemed like "small businesses." Among them were Dell, Morgan Stanley, and, yes, Donald Trump... Trump said immediately following 9/11, none of his properties were directly damaged by the attack on the World...
  • I'm in need of mentoring

    01/29/2016 10:35:21 AM PST · by CorporateStepsister · 24 replies
    January 29, 2016 | Corporate Stepsister
    I'm in need of mentoring and support from my fellow Freepers on succeeding in my small business. Please post here if interested.
  • Small Business Supports Cruz, Simple Flat Tax Plan

    11/03/2015 5:03:20 PM PST · by Isara · 3 replies ^ | 11/03/15
    Announces Small Business for Cruz Coalition Supporting Ted Cruz for President and His Economic PoliciesHOUSTON, TX - Today, Presidential candidate Ted Cruz announced the creation of the Small Business for Cruz Coalition. The coalition will be led by National Co-Chairs J. Keet Lewis, and Joe and Gladys Grimaud, who also expressed support for Cruz's newly announced tax reform plan, the Simple Flat Tax."Small businesses are the backbone of the American economy, but in the current environment they are going out of business in record numbers," Cruz said. "We need to empower small business owners and entrepreneurs. Through lower taxes, less...
  • How Big Government and Big Business Stick It to Small U.S. Businesses

    10/25/2015 3:39:33 PM PDT · by amnestynone · 11 replies
    The Dailey Beast ^ | 10/25/2015 | Joel Kotkin
    From the inception of the Soviet Union, transformation was built, quite consciously, on eliminating those forces that could impede radical change. In many ways, the true enemy was not the large foreign capitalists (some of whom were welcomed from abroad to aid modernization) but the small firm, the independent property owner. “Small scale commercial production is, every moment of every day, giving birth spontaneously to capitalism and the bourgeoisie … Wherever there is business and freedom of trade, capitalism appears,” noted the state’s founder, Vladimir Lenin. He understood that while larger firms could be manipulated to serve the state, “capitalism...
  • Philippines to complete 100 Go Negosyo centers in September (Business incubators)

    09/18/2015 8:24:59 PM PDT · by 2ndDivisionVet · 2 replies
    Rappler ^ | September 18, 2015 | Chrisee Dela Paz
    The centers are seen to help micro-, small-, and medium-scale entrepreneurs with business registration, financing, and market promotion.MANILA, Philippines — The Philippines expects to complete construction of 100 Go Negosyo centers by the end of September – 3 months ahead of target – providing micro, small, and medium enterprises (MSMEs) extra push to expand operations. "For Negosyo centers, we have 92 up already. We continue to monitor the progress of the centers. Anecdotally, we’ve seen that they’ve been able to help micro and small entrepreneurs," Senator Paolo Benigno Aquino IV told reporters on the sidelines of P&G Leadership College 2015...
  • Annual $36,500 tax per worker for noncompliance with Obamacare

    08/31/2015 7:19:00 AM PDT · by MarvinStinson · 43 replies
    IRS drops a bomb on small employers » Annual tax would be $36,500 per worker for noncompliance with Obamacare Employers with fewer than 50 employees were promised a break by not having to provide group health insurance under the Affordable Care Act. But now the IRS has served notice that under the rule that has been in effect since July 1 such employers are subject to $100 per worker per day excise tax if they help their employees with their health-care costs. That could amount to a staggering $36,500 per worker annual tax. “We were told over and over during...
  • Starting Wednesday, Obamacare will punish businesses who help employees with health care

    07/04/2015 9:18:19 AM PDT · by afraidfortherepublic · 21 replies ^ | 7-4-15 | Eric Boehm
    Employers who reimburse their workers for health care costs will face massive tax penalties beginning Wednesday. Prior to the passage of the Affordable Care Act, with its mandate that all Americans purchase insurance and requirement for businesses to offer employees insurance plans, many small companies provided coverage by directly reimbursing medical costs or for the cost of private insurance plans. Businesses do it because that’s a less complicated process than dealing with an official health insurance plan, but continuing to do so after July 1 could cost them hundreds of dollars in fines each day. Business groups are calling attention...
  • Congress’s ObamaCare ‘Small Business’ Fraud

    07/01/2015 9:30:29 AM PDT · by Sean_Anthony · 7 replies
    Canada Free Press ^ | 0701/15 | Arnold Ahlert
    Activists demand answers to lawmakers' falsification of documents for ObamaCare perks. Americans fed up with the unbridled arrogance of the nation’s “ruling class” are about to be further infuriated. As American Commitment president Phil Kerpen reveals, there’s yet another outrageous scandal occurring on Capitol Hill, where the House and Senate have falsely certified themselves as small businesses so they can fund themselves and their staffs with taxpayer-funded health insurance—sidestepping ObamaCare provisions in the process. “They conspired to break the law,” Kerpen told Front Page. In an interview with Newsmax TV, Kerpen reminded viewers that Americans had “demanded” Congress enter the...
  • Pending $15 minimum wage forces Seattle pizza shop to close

    05/22/2015 8:37:03 PM PDT · by grundle · 62 replies
    KPLC ^ | April 29, 2015
    A pizza shop owner in Seattle says the city's new minimum wage law is forcing her to close her doors. The new law says businesses have six years to phase into giving employees $15 an hour. Devin Jeran was happy to get a raise when Seattle's minimum wage went up to $11 an hour at the beginning of the month. “I definitely recognize that having more money is important, especially in a city as expensive as this one,” he said. He'll only enjoy that bigger paycheck for a few more months. In August, his boss is shutting down Z Pizza,...
  • Clinton: GOP threatening small-business jobs

    05/22/2015 11:13:31 AM PDT · by Olog-hai · 18 replies
    Associated Press ^ | May 22, 2015 1:36 PM EDT | Ken Thomas
    Republicans in Congress and GOP presidential hopefuls are threatening tens of thousands of small business jobs by seeking to cut a little-known government agency that guarantees loans to help U.S. exporters, Hillary Rodham Clinton said Friday. Clinton said during a round-table discussion at Smuttynose Brewery that Congress should renew financing for the Export-Import Bank. She argued the GOP is risking up to 164,000 jobs supported by the bank. The Democratic front-runner said Republicans in the 2016 presidential campaign would rather threaten those jobs rather than “stand up to the tea party and talk radio.” …
  • NYC will get 500 solar-powered food carts this summer (100 earmarked for disabled veterans)

    05/15/2015 1:37:17 PM PDT · by 2ndDivisionVet · 30 replies
    Treehugger ^ | May 12, 2015 | Derek Markham
    In a pilot program designed to reduce GHG emissions and safety risks and provide better clean food preparation in mobile food vending, the Big Apple will be home to the next generation of eco-friendly food carts.Food carts, while being convenient for consumers and a good small business venture for foodies and entrepreneurs, are also a source of greenhouse gas (GHG) emissions and air pollution, as well as being potential public safety hazards from their onboard propane tanks. And in a metropolis like New York City, with some 8000 mobile food carts on the streets, the environmental and health effects of...
  • When Minimum-Wage Hikes Hit a San Francisco Comic-Book Store

    05/01/2015 6:47:58 AM PDT · by SeekAndFind · 71 replies
    National Review ^ | 05/01/2015 | Ian Tuttle
    ‘I’m hearing from a lot of customers, ‘I voted for that, and I didn’t realize it would affect you.’” So says Brian Hibbs, owner and operator of Comix Experience, an iconic comic-book and graphic-novel shop on San Francisco’s Divisadero Street, of the city’s new minimum-wage law. San Francisco’s Proposition J, which 77 percent of voters approved in November, will raise the minimum wage in the city to $15 by 2018. As of today, May 1, Hibbs is required by law to pay his employees at Comix Experience, and its sister store, Comix Experience Outpost on Ocean Avenue, $12.25 per hour....
  • The Only Things Hillary Clinton Will Be 'Toppling' Are Hard Work And Entrepreneurship

    04/23/2015 6:43:42 AM PDT · by SeekAndFind · 17 replies
    IBD ^ | 04/23/2015
    So now Hillary Clinton, champion of the middle class, says she wants to "reshuffle" a deck stacked in favor of the rich and "topple" the wealthiest 1% — the latest grenade launch in her class-warfare campaign. 'There's something wrong," the former secretary of state declared last week in Iowa, "when CEOs make 300 times more than the American worker." This from a woman who makes more in an hour on the speaker circuit (her fee is about $200,000 per speech) than the average worker who waits on the tables at her fundraising galas makes in three years. A sweet deal...
  • Michigan auto-repair business owner: I won’t serve “openly gay” customers

    04/17/2015 7:51:33 AM PDT · by SeekAndFind · 51 replies
    Hotair ^ | 04/17/2015 | AllahPundit
    First case I know of since the gay rights/religious liberty debate sharpened up over the last few years where a Christian business owner threatened to refuse all service to gay — or “openly gay,” i.e. affection-displaying — clients rather than service for gay weddings specifically. Although, strictly speaking, this isn’t a “religious liberty” case: There are no state or local laws where this guy lives that require him to serve gays. He can refuse for any reason he likes, religious or not. I wonder if it occurred to him when he was posting to Facebook that what he wrote,...
  • Cruz doubles down on support for Indiana’s religious freedom law

    04/01/2015 5:57:17 PM PDT · by 2ndDivisionVet · 36 replies
    The Washington Post's Post Politics ^ | April 1, 2015 | Katie Zezima
    SIOUX CITY, Iowa - Sen. Ted Cruz (R-Texas) reiterated his support for Indiana's controversial religious freedom law Wednesday, despite a fresh push by that state's governor to "fix" the measure. Speaking in a stuffy, cramped auditorium at Morningside College here, Cruz said that religious liberty is not a "fringe view." Cruz staked his claim to the right of Indiana Gov. Mike Pence, who signed the law but said he wanted to see "a fix" to the law that makes clear it does not give businesses license to deny services to customers on the basis of sexual orientation, and Arkansas Gov....
  • Sen. Ted Cruz skips Hispanic Chamber of Commerce summit, displeases Latinos in D.C.

    03/26/2015 3:51:32 PM PDT · by 2ndDivisionVet · 34 replies
    Fox News Latino ^ | March 26, 2015 | Elizabeth Llorente
    The president of the U.S. Hispanic Chamber of Commerce questioned in a meeting with reporters Thursday whether Sen. Ted Cruz’s snubbing of the group’s annual summit this week marked an attempt to avoid Latinos as he runs for president. “Ted Cruz chose not to come,” said a visibly displeased Javier Palomarez, president and CEO of the Hispanic Chamber of Commerce. “I hope it is not indicative that he’s backing away from the Hispanic community in order to get through the [GOP] primary.” Other presidential hopefuls such as Senators Rand Paul, R-Ky, and Marco Rubio, R-Fla., also did not speak at...
  • Oakland mayor urges support for small businesses struggling with new minimum wage

    03/05/2015 9:58:06 AM PST · by E. Pluribus Unum · 37 replies
    Mercury News ^ | 03/05/2015 | Bay City News Service
    OAKLAND - Oakland Mayor Libby Schaaf made a pitch Wednesday morning for the 82 percent of Oakland voters who passed a minimum wage hike in November to support local businesses struggling to adjust to higher costs. "It's time for Oaklanders to put their money where their votes were," Schaaf said at a news conference outside of Farley's East coffee shop on Grand Avenue.
  • American Small Business Is Literally Dying

    01/28/2015 9:34:29 PM PST · by george76 · 71 replies
    Breitbart News Network ^ | 28 Jan 2015 | Mike Flynn
    When small and medium-sized businesses are dying faster than they’re being born, so is free enterprise,” writes Jim Clifton, Chairman and CEO of Gallup. “And when free enterprise dies, America dies with it.” For six years, the number of small businesses closing has exceeded the number of businesses starting. The number of business deaths exceeded births in 2008 for the first time in US history and has gotten worse in the ensuing years. Since 2010, the rate of small business closures has increased. In the 1980s, the number of new businesses exceeded those closing by more than 100,000 every year....
  • Small businesses dumping employee health insurance

    01/23/2015 8:39:56 AM PST · by Paul46360 · 7 replies
    WOODTV ^ | 1-22-15 | Tom Hillen
    "A new survey released Thursday by Grand Valley State University is showing that since the Affordable Care Act was implemented, more small businesses are deciding not to offer health insurance to their employees."
  • FR CPA's & all Tax Pro's will "3115" Burden Small Businesses?

    01/21/2015 6:05:10 AM PST · by taildragger · 23 replies
    1/21/2015 | taildragger
    FR Tax Pro's I need your feedback.The following are the main points post an indirect conversation with a CPA after they attended a Seminar on Section 3115, and changes to the "Code".This has to do with Section 179 expensing vs. going to the Deprecation Schedule(s).Here they are: * Not expensing any capital goods over $500. * They want businesses to depreciate any capital good (Marcs) above $500. * "They" might want businesses to go back and amend many years to comply. * No statue of limitation as to how far back "they" can go. * If the CPA's makes a...
  • Obama to Business: I Know How To Run Your Company Better Than You Do

    01/15/2015 2:00:12 PM PST · by jazusamo · 77 replies ^ | January 15, 2015 | Conn Carroll
    White House Press Secretary Josh Earnest said today that President Obama knows how to run small businesses better than small business owners. Asked what the White House message to small business owners who are concerned Obama's proposed new mandatory paid sick leave policy could hurt their bottom line, Earnest replied, "I think the president would have a different view which is to say that this is good business and I think there are any number of examples I can site for you where businesses have chosen to put in place these policies and it's served to reduce the turnover...
  • ObamaCare Hits Small Business Hard in Gloomy 2015

    12/30/2014 5:52:55 AM PST · by SeekAndFind · 16 replies
    IBD ^ | 12/30/2014
    With businesses' one-year reprieve from financial penalties under ObamaCare ending, the horror stories of complying with the costly health care law already are trickling in. The worst is yet to come. Starting Jan. 1, employers with 100 or more full-time workers face hefty increases in their health insurance costs as they comply for the first time with the mandate. They must now offer the government's comprehensive coverage — including "free" preventive care — for all employees working 30 or more hours a week, or risk being fined $2,000 per employee per year. But many of these small businesses are retailers...
  • Small businesses dropping insurance coverage due to Obamacare

    12/16/2014 6:29:14 AM PST · by SeekAndFind · 12 replies
    American Thinker ^ | 12/16/2014 | Rick Moran
    Another unintended - but not unexpected - consequence of Obamacare is being felt as the program enters its second year. More than 20 million Americans who work for small businesses with less than 50 employees are covered by employer insurance. The 50 employee number is significant because if you work for a small business with more than 50 workers, your employer is mandated to cover your health insurance. But with insurance rates rising, many small businesses of less than 50 employees are opting to drop their coverage and have workers purchase their insurance through the Obamacare website. Daily Signal:...
  • Do the Most Hipster Thing Possible—Move to Des Moines

    11/17/2014 7:00:53 AM PST · by 2ndDivisionVet · 21 replies
    National Journal ^ | October 16, 2014 | Matt Vasilogambros and Mauro Whiteman
    Ditch Brooklyn, millennials. The real place to be is Des Moines, a city with a blossoming culture scene, thriving start-ups, and urban beauty.(VIDEO-AT-LINK) DES MOINES, Iowa—This is too nice a place to spawn a war cry. But if the city had one, it would be the sentiment heard across a downtown populated by baristas, tech start-up founders, musicians, and nonprofit professionals alike: "It's Des Moines against the world." Young people here know what you think of this city. It doesn't need repeating. But ambitious minds are in the process of building a new Des Moines, a tech hub in Silicon...
  • The Reason Small Businesses Are Disappearing, As Explained By A Small Business Owner

    11/14/2014 9:35:06 AM PST · by SeekAndFind · 25 replies
    Zero Hedge ^ | 11/14/2014 | Tyler Durden
    Confused why despite endless daily propaganda that the US economy is getting better - after all "just look at the record high S&P 500" - fewer and fewer Americans believe the narrative, as the Democrats and Obama found out the very hard way in last week's midterm elections? Then the following explanation written by the owner of a small business - the segment of the US economy that has historically led every single recovery but this time was left behind - should help answer some questions.The reason small businesses are disappearing written by a small business owner.I want to...
  • Enrollment lags for small businesses under ObamaCare

    11/13/2014 6:10:33 AM PST · by Cincinatus' Wife · 6 replies
    The Hill ^ | November 13, 2014 | Sarah Ferris
    Enrollment for small businesses under ObamaCare is falling short of the government’s expectations, according to a federal audit to be announced Thursday. About 76,000 people have enrolled in the state-run exchanges, a dismal total that nearly guarantees that the Obama administration will miss its target for small businesses, according to a report by the nonpartisan General Accountability Office (GAO) provided early to The Hill. The report confirms fears of many Democrats, who have acknowledged that last year’s botched launch would keep people from signing up. The bad news also provides new fuel for Republicans intent on dismantling ObamaCare in the...
  • IRS Has Been Seizing Bank Accounts of Law-Abiding Small Business Owners

    10/29/2014 9:01:24 AM PDT · by SeekAndFind · 59 replies
    Christian Post ^ | 10/29/2014 | Samuel Smith
    The Internal Revenue Service has seized the bank accounts of hundreds of innocent business owners. Using the powers granted under the Civil Asset Forfeiture Reform Act of 2000, which was designed to help federal agencies catch drug dealers, terrorists and other criminals, the IRS has been legally seizing the bank accounts of law-abiding business owners who have consistently made cash bank deposits less than the federal bank reporting minimum of $10,000. The New York Times reported that hundreds of these cash-only business had their entire bank accounts seized by the IRS in the past few years because the agency is...
  • EU to unveil business deregulation plan

    10/12/2014 10:30:50 PM PDT · by Olog-hai · 5 replies
    Manchester Guardian ^ | Sunday 12 October 2014 13.55 EDT | Ian Traynor and Arthur Neslen
    A controversial demand for a new deregulation spree shredding the rules for doing business in the European Union is to be unveiled on Tuesday in Brussels. Edmund Stoiber, the former leader of Bavaria, will propose that all small and medium sized enterprises enjoy virtually blanket exemption from the rules governing business practices. His proposal for a “bonfire of red tape” has an explicitly political agenda, aimed at reversing public perceptions of Brussels as a “bureaucratic monster”. British officials are said to be delighted with the Stoiber report and panel participants said that Michael Gibbons, chair of the UK’s regulatory policy...
  • Dem Senator’s Small Business Experience Was Co-Running Store that Sold Stolen Goods

    09/19/2014 2:53:00 AM PDT · by afraidfortherepublic · 13 replies
    Washington Free Beacon ^ | 9-18-14 | CJ Ciarmarella
    Throughout her political career, including during her current race against former GOP Sen. Scott Brown, Sen. Jeanne Shaheen (D., N.H.) has touted her experience as a small business owner. Shaheen’s small business “experience” was co-running a store that once sold thousands of dollars-worth of stolen jewelry. “As the former owner and manager of a small retail business, Senator Shaheen knows what it’s like to worry about meeting payroll and inventory costs to keep a business going,” the Issues section of her Senate website declares. Her Senate biography also describes her as a “former small business owner.” This week, the Shaheen...
  • More Angelenos are becoming street vendors amid weak economy

    09/06/2014 8:59:25 PM PDT · by 2ndDivisionVet · 42 replies
    The Los Angeles Times ^ | September 6, 2014 | Tiffany Hsu
    Sitting at her street vending booth with products arrayed neatly on a sequined purple tablecloth, Jackie Lloyd reflects nostalgically on the days when she had a steady salary and regular hours.. That was four years ago, before the 39-year-old was laid off from her job as an elementary school cafeteria worker and mounting bills forced her to venture into self-employment. Now the Pico-Union resident hops from location to location, selling body oils, shea butter, soap and incense. She moves when nearby businesses complain or she feels unsafe. Some days, her sales bring in $150. Others, they don't break $20....
  • LA Restaurants Enact 3% Surcharge For Healthcare Costs

    09/04/2014 1:15:15 AM PDT · by 2ndDivisionVet · 14 replies
    Truth Revolt ^ | September 3, 2014 | Paul Bois
    On Tuesday, LA Weekly reported that several upscale restaurants in the City of Angels will be adding a 3 percent surcharge to cover their employees' healthcare costs, a trend that has been gaining steam since the Affordable Care Act launched nearly one year ago. Beginning on September 1, restaurants Lucques, Tavern, A.O.C, and a few offshoots all added a 3 percent surcharge to customers' checks, explicitly stating in a press release their decisions hinged on covering employee healthcare costs. Lucques Group, Suzanne Goin and Caroline Styne, owners of the restaurants, also named several other restaurant groups that will be duplicating...
  • NLRB goes rogue against small business

    09/01/2014 9:55:39 AM PDT · by jazusamo · 11 replies
    The Hill ^ | September 1, 2014 | Rick Manning
    Labor Day provides the opportunity to evaluate those government agencies that impact the workplace, and gauge if they are helping or hurting the employment situation in America. In the six Labor Days since President Obama took office, his appointees have gone to outrageous lengths to compel the 93 percent of the private-sector workforce who don't belong to an organized labor union to become dues-paying members. While the Labor Department and the National Mediation Board have each pushed hard to create rules that overwhelmingly favor union organizers over those employees who oppose unionization, it is the National Labor Relations Board (NLRB)...
  • Frustrated small businesses give Pennsylvania a ‘D’ grade

    08/12/2014 2:30:19 AM PDT · by Olog-hai · 19 replies
    Pocono Record ^ | August 11, 2014 | Stacy M. Brown
    Pennsylvania has turned its back on small business owners, according to a recent survey. […] “After a two-month survey of thousands of small business owners nationwide, we’ve heard directly from Pennsylvania’s small businesses that the state could do more to support them,” said Jon Lieber, chief economist of “Creating a business climate that is welcoming to small, dynamic businesses is more important than ever, and Pennsylvania’s small businesses think the state could do a better job.” […] Marie Page, owner of Marie Page Cleaning Service in Reeders, said […] “We are taxed like crazy. It is hard to get...
  • SBA Expected To Release Fraudulent and Falsified Small Business Data Soon

    07/02/2014 9:49:11 PM PDT · by george76 · 5 replies
    Red State ^ | July 2nd, 2014 | Lloyd Chapman
    Every year about this time the Small Business Administration (SBA) issues a press release claiming the federal government barely missed the 23% small business contracting goal required by law. In reality, the Obama Administration has never come anywhere close to reaching the minimum 23% small business-contracting goal. Based on all the information I have been able to obtain under the Freedom of Information Act, I estimate legitimate small businesses in America are currently receiving no more than 5% of all federal contracts and subcontracts. The SBA’s favorite time to release their annual falsified and fabricated small business contracting data is...
  • The 10 Best States For Small Business

    06/11/2014 10:31:13 AM PDT · by SeekAndFind · 16 replies
    Business Insider ^ | 06/11/2014 | Richard Feloni
    The happiest small-business owners are all in the Midwest and South, according to a new survey. Online job marketplace Thumbtack and the Ewing Marion Kauffman Foundation surveyed more than 12,000 small-business owners across 38 states in the U.S. on topics concerning how easy it is to start and grow a small business in their state."Thousands of small-business owners across the country told us that the keys to a pro-growth environment are ease of compliance with tax and regulatory systems and helpful training programs," says Jon Lieber, Thumbtack's chief economist.Participants determined that the most important regulatory issue in determining their state's...
  • The Decline of Small Business = Decline of Basic Skills

    05/20/2014 10:58:10 AM PDT · by SeekAndFind · 7 replies
    Of Two Minds ^ | 05/20/2014 | Charles Hugh-Smith
    An economy where most people work for the state or a global corporation is an economy that has lost its knowledge of the key entrepreneurial building blocks.The decline of small business has numerous long-term consequences. One is the decline of the middle class, as entrepreneurial enterprise is a key pathway to generational wealth-building and prosperity. Another is the loss of employment opportunities. As U.S. businesses are being destroyed faster than they’re being created, there are fewer sources of employment. Since many people get their first job at small businesses, the decline of small business has an outsized effect on entry-level...
  • Report: One Obamacare Tax Could Cost Up To 286,000 Jobs

    05/06/2014 7:40:22 PM PDT · by 2ndDivisionVet · 4 replies
    The Daily Caller ^ | May 6, 2014 | Sarah Hurtubise
    Just one of Obamacare’s many taxes could cost the U.S. hundreds of thousands of jobs over the next decade, according to an industry report published Tuesday. The National Federation of Independent Business projects that between 152,000 and 286,000 jobs will be lost by 2023 due to Obamacare’s health insurance tax. NFIB, a nonprofit association of business owners, actively supports the repeal of the tax. The health insurance tax has proved to be one of Obamacare’s more controversial fundraising measures. The tax targets insurance companies, charging each one proportional to their market share — the more health plans sold (Obamacare’s goal,...
  • U.S. businesses are being destroyed faster than they’re being created

    05/06/2014 6:58:59 PM PDT · by 2ndDivisionVet · 24 replies
    The Washington Post's Wonkblog ^ | May 5, 2014 | Christopher Ingraham, graphics editor
    The American economy is less entrepreneurial now than at any point in the last three decades. That's the conclusion of a new study out from the Brookings Institution, which looks at the rates of new business creation and destruction since 1978. Not only that, but during the most recent three years of the study -- 2009, 2010 and 2011 -- businesses were collapsing faster than they were being formed, a first. Overall, new businesses creation (measured as the share of all businesses less than one year old) declined by about half from 1978 to 2011. The authors don't mince words...
  • Own a small business? Brace for Obamacare pain ( Nevada )

    05/05/2014 5:58:20 PM PDT · by george76 · 8 replies
    Las Vegas Review Journal ^ | May 4, 2014 | JENNIFER ROBISON
    The law’s employer coverage mandate doesn’t take effect until 2015, but early plan renewals are starting to roll in. And for some businesses, the premium jumps are positively painful. Local insurance brokers are reporting spikes ranging from 35 percent to 120 percent on policies that renew from July to December. The increases are especially acute among employers with workforces made up of younger, healthier men. That’s because Obamacare prohibits offering lower rates to healthier groups. It also narrows the allowed premium gap between older and younger enrollees. ... The changes put as many as 90,000 policies across Nevada at risk...
  • The IRS’s Heavy Hand: How the owner of a small business got swindled by the federal agency

    05/01/2014 11:26:21 AM PDT · by SeekAndFind · 18 replies
    National Review ^ | 05/01/2014 | George Will
    Flint, Mich. — Earnest moralists lament Americans’ distrust of government. What really is regrettable is that government does much to earn distrust, as Terry Dehko, 70, and his daughter Sandy Thomas, 41, understand. Terry, who came to Michigan from Iraq in 1970, soon did what immigrants often do: He went into business, buying Schott’s Supermarket in Fraser, Mich., where he still works six days a week. The IRS, a tentacle of a government that spent $3.5 trillion in 2013, tried to steal more than $35,000 from Terry and Sandy that year. Sandy, a mother of four, has a master’s...
  • Recommitting to an America that Works

    04/28/2014 4:12:33 AM PDT · by Kaslin · 13 replies ^ | April 28, 2014 | Rick Santorum
    In Washington, they think that “Made in the U.S.A.” is as outdated as carbon paper, and it was bad policies from both parties that hurt American manufacturing. Only yesterday manufacturing was a key contributor to our nation’s wealth and strength, and it was the economic foundation of many hardworking families. The evaporation of U.S. manufacturing, consequently, was devastating to working Americans. To explain the challenges that American manufacturers face, let me tell you about Bemidji Woolen Mills, a family-run business I got to know in 2012 when I was running for president. Campaigning across the frigid Midwest, I’d wear a...
  • Professor Teaches Black Entrepreneurs How To Succeed In ANY Economy

    04/24/2014 10:43:16 PM PDT · by 2ndDivisionVet · 8 replies
    Black News ^ | April 24, 2014 | Anne Holder
    Nationwide — Economic activist, Devin Robinson, explains how blacks can live comfortably to 10% of their income and build mainstream businesses in his 8th book, Power M.O.V.E.: How to Become a Successful Entrepreneur. Robinson, a military veteran and network engineer, entered into full-time entrepreneurship after becoming frustrated with Corporate America. He ditched his $85,000 a year job for the risks of business ownership. Over the past decade, he has worked on many community economic initiatives that have resulted in thousands of entrepreneurs being trained and transformed, while hundreds went on to being put into full-time entrepreneurship. He said, “Entrepreneurship must...